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$3,500,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82038443
HOA Y/N No
Year Built 1956
Lot Size 0.495 Acres
Property Description
Rare redevelopment and investment opportunity in the Pleasure Point Commercial Corridor within a designated Opportunity Zone. Situated along Portola Drive in the heart of Pleasure Point, this high-visibility property includes an existing medical office building and an adjoining vacant lot, creating a unique opportunity for investors, developers, or owner-users seeking a strategic coastal location with long-term upside. The single-story building is currently configured as a chiropractic office with multiple treatment rooms and a flexible layout suitable for medical, wellness, or professional use. Strong street frontage and a generous on-site parking lot provide excellent visibility and accessibility along one of the areas prime commercial corridors. Preliminary architectural concepts have been explored for a 40± unit mixed-use development, presenting a compelling opportunity to reposition, redevelop, or land bank in a coastal market where development sites are increasingly limited. Located approximately three blocks from the iconic Pleasure Point surf break at The Hook and minutes from Capitola Village, the property sits within one of Santa Cruz County's most desirable coastal communities, surrounded by vibrant retail, restaurants, and year-round beach culture.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-2
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 10
Building
Story 1
Water Public
Others
Tax ID 03205122000
Security Features Security Lights
Virtual Tour https://www.3811portola.com/mls
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Listed by Kasey Hinchman David Lyng Real Estate #01424163
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